4//SEC Filing
DEWITT C PATRICK 4
Accession 0001006269-09-000002
CIK 0001006269other
Filed
Mar 8, 8:00 PM ET
Accepted
Mar 9, 5:22 PM ET
Size
6.5 KB
Accession
0001006269-09-000002
Insider Transaction Report
Form 4
DEWITT C PATRICK
Senior Vice President
Transactions
- Award
Restricted Stock Units
2009-03-05+25,000→ 25,000 total→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit has a value equal to one share of Loral voting common stock, par value $0.01 per share (the "Stock"), and generally provides the recipient with the right to receive one share of Stock or cash equal to one share of Stock, at the option of the Company, on the settlement date.
- [F2]Mr. DeWitt's restricted stock units ("RSUs") vest on the following vesting schedule: 66.67% of Mr. DeWitt's RSUs vest on March 5, 2010, and 4.16% of his RSUs vest over each of the next eight quarters on the second Monday of each June, September, December and March, through March 12, 2012, provided Mr. DeWitt remains employed on each vesting date. Vesting is subject to full or partial acceleration upon Mr. DeWitt's death, disability or termination of employment without cause, or upon a change of control of Loral or SS/L.
Documents
Issuer
LORAL SPACE & COMMUNICATIONS INC.
CIK 0001006269
Entity typeother
Related Parties
1- filerCIK 0001233229
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 8:00 PM ET
- Accepted
- Mar 9, 5:22 PM ET
- Size
- 6.5 KB